Well, praise the Lord and pass the ammunition.
The battle for success in the world of Canadian journalism — which had been looking very bleak — has taken a turn for the better with the acquisition of The Toronto Star by Jordan Bitove and Paul Rivett.
Why?
Unlike other media owners in the country they see the future – and it is digital.
They are quoted in this column in The Star as saying they also believe in other things that are heretical to most major media owners in the country.
- They are going to expand The Star's digital presence. They have looked at the numbers at The Washington Post and other U.S. media (not to mention the success of the New York Times) and they've seen how digital can bring in more revenue than print.
- They think that maybe too many journalists have been laid off. Gasp!
- They think that maybe The Star should open/reopen foreign bureaus or hire more foreign freelancers. Double gasp!